Coin Laundry – Adjacent To Many Apartment Units!

Listing ID - 01985404JR

Listing # - 5404 JR

Asking price reduced, the sale must be "AN ALL CASH OFFER".

This coin laundry is strategically located in a bustling neighborhood shopping center, perfectly positioned at a high-traffic intersection.

It boasts excellent visibility, effortless in-and-out access, and ample parking within the shopping center, making it a convenient stop for customers.

Surrounded by a densely populated area brimming with apartments, the location offers ideal demographics for a coin laundry business.

The expansive and well-organized layout of the facility provides customers with a comfortable and efficient washing experience.

It features ample space for folding, enhancing customer convenience.

Key Amenities and Equipment: 1 Soap Vending Machine, 1 Soda Vending Machine, 1 Bag Vending Machine, 2 Flat Screen TVs for customer entertainment. a comprehensive range of washing machines, including: 12 Top Loaders (10lb.), 10 Dexter T400 Washers, 3 Speed Queen Washers (30lb.), 2 Dexter Washers (40lb.) 2 Dexter Washers (60lb.), 13 Dexter Double Stack Dryer Units, 1 High-Capacity Boiler Tank, 2 Efficient Coin Changers, and a state-of-the-art Security Camera System.

This coin laundry is not just a business, but an opportunity to invest in a turnkey operation in a prime urban location.

Don't miss out on this exceptional opportunity.

Contact today to learn more and take the first step towards owning this profitable establishment.

Down Payment: $160,000

Total Sales: $120,000

Cash Flow: $65,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $140,000

FFE Included: Yes

Inventory: N/A

Year Established: 1973

Days & Hours of Operation: 7 Days (7am to 10pm)

Owner Hours Per Week: 4 Hours Daily

Non-Owner Payroll: N/A

Absentee Owner: No

Lease Option: 1 - 5 Year Option

Real Estate: N/A

Monthly Rent: $3,554

Type of Location: Shopping Center

Reason For Sale:

Divorce